Siddhartha Equity Oriented Scheme and Siddhartha Equity Fund report slight increment in NAV; NAV stands at Rs 11.93 and Rs 10.17 respectively for Baisakh

Siddhartha Equity Oriented Scheme (SEOS), a close ended 5 years mutual fund scheme fund managed by Siddhartha Capital Limited, has reported a slight increase in its net assets value (NAV).

According to the financial report published today, the mutual fund scheme’s NAV increased to Rs 11.93  as of Baisakh end from the previous month’s Rs 11.53.

The scheme which began with a total fund of Rs 100 crore has invested Rs 55.13 crore in the listed shares and Rs 6.31 crore in the public issues, right shares and bonus shares. The scheme has invested in 63 companies.

SEOS has posted net loss of Rs 9.71 crore in the month of Baisakh which is a decrease in loss of Rs 13.72 crore for the month of Chaitra.

Out of its total investment, SEOS has invested the highest amount in the 73,001 promoter shares of Nabil Bank worth Rs 5.86 crore.

Siddhartha Equity Fund (SEF), a close end 10 years equity oriented mutual fund scheme managed by Siddhartha Capital Limited has reported a slight increment in its net assets value (NAV).

According to the financial report published today, the mutual fund scheme’s NAV stayed above its par value at Rs 10.17 as of Baisakh end, 2074 which was Rs 9.98 in the previous month.

The scheme which began with a total fund of Rs 1.50 arba, has invested Rs 21.37 crore in the listed shares and Rs 2.52 crore in the public issues, right shares and bonus shares. The scheme has made its investment in 45 companies.

SEF has reported a net profit of Rs 2.58 crore in Baisakh which was a loss of Rs 3.20 crore in Chaitra, 2074.

Out of its total investment, SEF has invested the highest amount in the 10,943 unit shares of Citizen Investment Trust worth Rs 2.88 crore.